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Dec 26, 2012
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we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former
we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the...
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Dec 19, 2012
12/12
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once again we saw both sides digging n.no deal on the fiscal cliff in washington and stocks sold out. nasdaq composite off a third of a percent and the s&p 500 down 11 points, and the countdown continues. only seven trading days left until the fiscal cliff dead livent was today the beginning of a bigger selloff if a deal does not come soon? joining me right now is a cnbc contributor from western destination and steven hammers from the emp fund and our own rick santelli and joe greco from meridian equity partners finishing up his trades and will join us momentarily. good to see everybody. michael, let me kick it off with you. i know it's really hard to navigate every day because every day there's a new expectation in the market, but it felt like today was about the fiscal cliff. if we go over the fiscal cliff with no deal, is that a significant issue for the markets early january? >> if we go over the fiscal cliff without a deal, we're probably looking at a 6%, 7% correction and then in my view you load up on equities. you know, maria, we're starting to put a little bit of risk on. nev
once again we saw both sides digging n.no deal on the fiscal cliff in washington and stocks sold out. nasdaq composite off a third of a percent and the s&p 500 down 11 points, and the countdown continues. only seven trading days left until the fiscal cliff dead livent was today the beginning of a bigger selloff if a deal does not come soon? joining me right now is a cnbc contributor from western destination and steven hammers from the emp fund and our own rick santelli and joe greco from...
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Dec 28, 2012
12/12
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and there are no quens in washington. in the public sector, there are consequences when you pull a stunt like this. in washington, it's just, hey, whatever. >> you're looking at a live shot of where the president will be speaking in know just about an hour. we'll have live coverage right after this. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> this is a live shot at the white house where congressional leaders met with the president about an hour ago. let's head down to d.c. for the latest on the stor
and there are no quens in washington. in the public sector, there are consequences when you pull a stunt like this. in washington, it's just, hey, whatever. >> you're looking at a live shot of where the president will be speaking in know just about an hour. we'll have live coverage right after this. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]...
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Dec 27, 2012
12/12
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you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how would you invest, and when you recognize that none of us probably know and got it wrong the last time the debt ceiling came around. still be conservative and get some great balance sheet, but some names like john ehrlichman. could go savnlt these are names with big balance sheets will last you through to the. >> rick santelli, we spoke to you earlier on the show, did i get the impression that you're feeling a little more helpful? are you feelingmore so after speaking with the senators. >> i think the party will be with the parties doing the right place to actual
you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how...
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Dec 21, 2012
12/12
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will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a bill right now and try to force speaker boehner's hand and have him accept any sort of tax increase, at least allow a vote and something that could pass in the house? mainly by democratic votes? that is unclear at this point. right now, harry reid is calling on the house to pass their enate bill and speaker boehner is relenting at there point. >> zachary, you cover economic policy. can you give me any clues of what is happening behind the scenes? are republicans saying, good gosh, if they would means test medicare and change retirement age, i would m
will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a...
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Dec 6, 2012
12/12
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come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all because of you. second, before our politicians stepped in with the intransigence and anger, we were about to have an explosion in earnings. retail was stronger than it was in a decade, autos back incredibly robust. and that's just the beginning. because all the pent up demand. we're running short of office buildings, shopping centers, apartments, homes, these are the hiring sectors, all this blather about helping the small businessman of subchapter "s" for private and middle class, you want to help them? give them a deal, any deal, just get out of our way for heaven sakes. our country is starting to get so competitive, again, that business is building things over there now want to build them there. tim cook tells brian williams that his company's going to make macs in this country. we're better than kmochina. meanwh
come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all because of you. second, before our politicians stepped in with the intransigence and anger, we were about to have an explosion in earnings. retail was stronger than it was in a decade, autos back incredibly robust. and that's just the beginning. because all the pent up demand. we're...
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Dec 28, 2012
12/12
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just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the president, reiterating what he said last week on friday, so the speculation got well ahead of events here, and that sort of lends to an air of disappointment here in washington and up there on wall street. we still don't know what exactly happened in this meeting so we're waiting to find out. >> obviously the fiscal cliff is the crisis du jour, chad, were you saying you would prefer to use dips as opportunities. where do you think we will be 12 months from now? no doubt there will be another crisis that we're talking about in 12 months time. what it is we
just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the...
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Dec 19, 2012
12/12
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first, i think there has been a change of heart in washington. the rancor seems to have cooled. perhaps as the new york times said today as the tragedy in connecticut has softened the times. maybe it takes something like this to get the congress and the president to work on things. there does seem to be a spirit of compromise now brewing. i'm not just talking about the end of the year, but any time. the president perhaps holding off raising taxes for those who make $200,000. especially when coupled about this rumored embrace about spending cuts. that could turn the fiscal cliff into a fiscal hop, skip and a jump that ends up in an exciting place. there are other forces at work today that show you the magnitude of what a deal could mean for our great country. the other forces? the transports, banks, u.s. treasury bonds and gold. first, you know i like to watch the transports as a measurement of economic activity. you know it has to be shipped somewhere to be sold. that is why i follow the transports so closely. when they are going up it means there is more commerce happening than
first, i think there has been a change of heart in washington. the rancor seems to have cooled. perhaps as the new york times said today as the tragedy in connecticut has softened the times. maybe it takes something like this to get the congress and the president to work on things. there does seem to be a spirit of compromise now brewing. i'm not just talking about the end of the year, but any time. the president perhaps holding off raising taxes for those who make $200,000. especially when...
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Dec 7, 2012
12/12
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our chief washington correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of the top rates. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> but tyler, as yo
our chief washington correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since...
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Dec 26, 2012
12/12
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house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official told me that there have been no progress over the last couple of days, but an aide to senator harry reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the
house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official...
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Dec 27, 2012
12/12
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starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish the names and addresses of thousands of private citizens who have legal gun permits. can the mainstream media still claim not to hate all gun owners after a stunt like this? "the kudlow report" starts right now. let's get the latest on the snag on the fiscal cliff talks and surprise news we are going to reach the debt ceiling in days instead of just a few months. john harwood has the details. what's going on? >> not a whole lot of actions going on. although there have been some developments. let me bring our viewers up to date on those. fir
starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish...
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Dec 27, 2012
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>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is not an immaterial risk. positioning portfolios, this is not an environment to hide and cash in treasuries but not blindly buy any and all equities out there, you pick the risks you take, buy quality dividend companies to protect those portions of your portfolio you're taking some equity risk with. use covered calls and sell options to cap your upside but give you extra cash flow in the other two environments, then use other defensive mechanisms, risk taking but still defensive in orientation. high yield bonds, bank loans, sovereign debt in the emerging markets getting 5-7% interest payme
>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is...
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Dec 10, 2012
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we'll start in washington. president obama, speaker boehner met face-to-face over the weekend to talk some fiscal cliff. our john harwood is live at the white house with more on that. john, good morning. >> good morning, carl. you know the president's been very clear since the election that republicans need to give on taxes for people at the top and not just on revenues, but also on tax rates because he says the math can't work otherwise. we've seen some signs of cracking in the republican unity. that suggests we may be getting to the next phase of negotiations. the latest sign was possible corker, the senator from tennessee, who was on our air just a few minutes ago, as you know, saying republicans should concede ground on top tax rates and then get on to other issues. >> the best place for republicans to be, to me, is to pass the rate of rate increases, be done with it, the numbers aprobably much smaller than is going to ultimately be negotiated, and then we still are focused on the right thing, which is enti
we'll start in washington. president obama, speaker boehner met face-to-face over the weekend to talk some fiscal cliff. our john harwood is live at the white house with more on that. john, good morning. >> good morning, carl. you know the president's been very clear since the election that republicans need to give on taxes for people at the top and not just on revenues, but also on tax rates because he says the math can't work otherwise. we've seen some signs of cracking in the...
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Dec 28, 2012
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>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's 20%. if there are going to be the spending cuts, that what we want to hear, john boehner. he's the adult in the room right now, guys and is looking like the bad guy because we have to stop the spending cuts. hitting the ceiling on the debt ceiling by monday. $16.3 trillion. you can't put a band-aid on this and suspect everything is going to be great and have howie mandel say deal or no deal. not good for the overall markets or economy. >> it's clear that revenue is not on the table. >> what do you do, run for the s? panic is not an investment strategy. give us some go
>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's...
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Dec 28, 2012
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thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> breaking news now. the associated press reporting that retired general norman schwarzkopf one of the heroes of the first gulf war has died in tampa, florida. he w
thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i...
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Dec 26, 2012
12/12
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we're grateful to be a part of it. . >>> we have breaking news in washington. no, not that news but important and sort of in the same ballpark. john harwood has the story. john? >> reporter: related news, bill. part of the administration's earth to put pressure on the cook to do something about the fiscal cliff and the debt ceiling. treasury secretary geithner sent a letter to harry reid, the senate majority leader, saying the united states government will hit its statutory debt limit on december 31st. that is the same day that we would go over the fiscal cliff. now the treasury has certain steps they can take to avoid breaching the debt ceiling that will carry the government through february or march, but at the moment in a technical sense treasury secretary geithner is telling the congress we're hitting the debt ceiling at the end of this year which is the part of the, as i mentioned, part of an effort to get congress to step in and act, not only on the fiscal cliff but on the debt ceiling, bill. >> thanks very much for the breaking news. we'll keep monitorin
we're grateful to be a part of it. . >>> we have breaking news in washington. no, not that news but important and sort of in the same ballpark. john harwood has the story. john? >> reporter: related news, bill. part of the administration's earth to put pressure on the cook to do something about the fiscal cliff and the debt ceiling. treasury secretary geithner sent a letter to harry reid, the senate majority leader, saying the united states government will hit its statutory debt...
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Dec 27, 2012
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to be watching the news out of washington. we're going to be watching the vices to get a gauge of good opportunities to buy high quality dividend-paying stocks. >> okay. all right, brickland, going to have to be quick. what do you expect? >> i think data is on the sideline. all about the fiscal cliff. it's all about how the distrust in washington really makes some significant progress tomorrow. we need some movement from the president. we need some progress. so, we'll have our keen eye on that and more importantly, we'll have our keen eye on discussions surrounding the 2% payroll tax cut which has been quite absent. so, hopefully tomorrow we'll see some sort of progress on that front. >> all right, gentlemen, thank you both for, all three for joining us today and we will watch very carefully. tomorrow could be very, very interesting. that does it for us. thank you for watching. >> indeed. "fast money" starting right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here are tonight's t
to be watching the news out of washington. we're going to be watching the vices to get a gauge of good opportunities to buy high quality dividend-paying stocks. >> okay. all right, brickland, going to have to be quick. what do you expect? >> i think data is on the sideline. all about the fiscal cliff. it's all about how the distrust in washington really makes some significant progress tomorrow. we need some movement from the president. we need some progress. so, we'll have our keen...
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Dec 21, 2012
12/12
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is washington the most difficult thing you face at paychex? >> well, i certainly think it doesn't help. when you look at the nfib index and consumer confidence, both have fallen after they were starting to look up in the fall. i think it's really the fiscal cliff. all the attention on the fiscal cliff and no action is really producing i think a dampered view from small business and they're kind of waiting on the sidelines right now. >> but on the other side, if you're a company and we go over the fiscal cliff, how the heck do you figure out the paycheck and what has to be taken out unless you call paychex? >> depending on the number of regulations, there's probably going to be more regulation and that does help us. but we'd like to see new business formation get back to where it used to be a few years ago and i think you have to get past these things. what you're seeing in our clients, they're not opening up their second location, not hiring more employees. it's fairly quiet. it's fairly quiet. our checks per payroll and our client base is sti
is washington the most difficult thing you face at paychex? >> well, i certainly think it doesn't help. when you look at the nfib index and consumer confidence, both have fallen after they were starting to look up in the fall. i think it's really the fiscal cliff. all the attention on the fiscal cliff and no action is really producing i think a dampered view from small business and they're kind of waiting on the sidelines right now. >> but on the other side, if you're a company and...
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Dec 20, 2012
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one is a drama and the other has turned washington into a side show. washington -- >> all aboard! >> wall street. which is exactly as it should be. let's go to mickey in michigan. mickey! >> caller: booyah from michigan, jim. >> i'm liking michigan. i'm liking brady from michigan. can you believe he was a walk on? >> caller: today they said their car use is up, they're hiring folks from more business. is it time to get more of discover? and second one, do you think ebay can squash them and buy them out? >> no, i don't think they'll do that. i do like ebay very much. i actually like discover. but it's mastercard, then ebay, then discover. i was a little surprised it was a little weak but the stock has had a major run. john in california. >> caller: booyah, jim, from the sacramento valley of northern california. >> what's going on? >> caller: anyway, i got -- i noticed some activity in the house building around here back around northern california, sacramento valley. my play is berkshire b. what do you think of that? >> i think it actually max sense temperature i campaigned for that
one is a drama and the other has turned washington into a side show. washington -- >> all aboard! >> wall street. which is exactly as it should be. let's go to mickey in michigan. mickey! >> caller: booyah from michigan, jim. >> i'm liking michigan. i'm liking brady from michigan. can you believe he was a walk on? >> caller: today they said their car use is up, they're hiring folks from more business. is it time to get more of discover? and second one, do you think...
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Dec 28, 2012
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yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to avoid this problem because if the farm bill expires, we've got some real issues. >> so what do you think we should do, phil? what's the solution? >> well, bottom line is we've got to get everybody in washington to wake up. the senate passed it. the house ag committee passed it, but, you know, the house has really not allowed the debate to happen so as a result we've got all of this stuff happening and my fear is we're going to get lost. let's not forget, we've seen prices increase over the past two years dramatically, and especially after this summer's drought, prices went up even more. they're go
yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to...
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Dec 19, 2012
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brad in washington, brad? >> caller: hey, jim, merry christmas boo-yah from washington. >> kirkland, hey, i like kirkland brand from costco. >> caller: yes, indeed. well, i had a question about another pacific northwest company, gbx, green breyer. >> i think the stock is inexpensive. i don't know whether -- i don't know who comes back, but i've got to tell you, i do a lot of work with the railroads and we need a lot of cars. i think this is a good buy. it's not going to be, look, if you want a rail, i like ksu. remember that? someone downgraded it the other day. i think that was wrong. how about chris in my home state of pennsylvania, chris? >> caller: boo-yah from scranton, pennsylvania. >> what's going on? >> caller: not much, not much. i wanted to know what you think about lockheed martin. i saw the pentagon agreed to buy 30 of their s-35s. but the stock's down a little bit. i wanted to know what your take was -- >> all right. chris, this isn't dunder mifflin, it's a great company. it's only a dollar off th
brad in washington, brad? >> caller: hey, jim, merry christmas boo-yah from washington. >> kirkland, hey, i like kirkland brand from costco. >> caller: yes, indeed. well, i had a question about another pacific northwest company, gbx, green breyer. >> i think the stock is inexpensive. i don't know whether -- i don't know who comes back, but i've got to tell you, i do a lot of work with the railroads and we need a lot of cars. i think this is a good buy. it's not going to...
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Dec 26, 2012
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meeting and you still have this problem that we have in washington called the fiscal cliff. i just don't like the way that one's playing out. the reason that's important is that when the market gets into risk op mode they tend to sell the dollar and buy the yen. >>> what kind of levels are we talking about? >> right now we're sitting around 8570. i would comfortably sell the dollar against the yen there. i would put a stop loss at 8715 and my target is 8265. >> nice to see you. hope you had a good holiday. look forward to catching up with you. >> likewise. >> guys, what do you make of what we've seen in dollar yen? weiss, do you have a play? doc? >> well, their market turned on this pretty dramatically. it posted up 1.5% gain on the weakness out of the yen. so if that continues into next year, scott, which based on what he's just said that will not happen, in other words, we're looking at more down side pressure, i think that's good for the markets though. >> joe, tell me why the viewer watching right now should care about what the yen does? >> they should care. this is a se
meeting and you still have this problem that we have in washington called the fiscal cliff. i just don't like the way that one's playing out. the reason that's important is that when the market gets into risk op mode they tend to sell the dollar and buy the yen. >>> what kind of levels are we talking about? >> right now we're sitting around 8570. i would comfortably sell the dollar against the yen there. i would put a stop loss at 8715 and my target is 8265. >> nice to see...
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Dec 21, 2012
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what matters is the tone of the market is much better than the tone out of washington. like i said, there's always ait. right here on "mad money." i'm jim cramer and i'll see you tomorrow. >>> good evening, everyone. i'm larry kudlow. so a crucial moment for our economy and for our right to bear arms. high drama on capitol hill right now as house republican speaker john boehner looks to pass his plan b fiscal cliff bill in a million dollar tax threshold. votes aren't there yet. that's why we are following this live through the whole thing this evening. >>> and as the president's new anti-gun violence task force starts work, we learn that now outside experts have yet joined that panel. meanwhile, the debate on gun control rages across the country. tonight we will hear from outspoken tv host piers morgan and former new york mayor rudolph giuliani. "the kudlow report" begins right now. >>> first up, the latest on the vote of plan b. the plan b bill sponsored by john boehner that may decide how deep into january they have to go for a solution. may decide the fate of the eco
what matters is the tone of the market is much better than the tone out of washington. like i said, there's always ait. right here on "mad money." i'm jim cramer and i'll see you tomorrow. >>> good evening, everyone. i'm larry kudlow. so a crucial moment for our economy and for our right to bear arms. high drama on capitol hill right now as house republican speaker john boehner looks to pass his plan b fiscal cliff bill in a million dollar tax threshold. votes aren't there...
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Dec 4, 2012
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now they got to deal with this morass in washington. while i'm optimistic if congress and the president cancel their vacations, remember, no vacation without legislation and stay to avert the cliff. i'm worried that they're sworn to not compromise. i'm worried that rising above is anathema to democrats and repugnant to the republicans as the phrase, grover, hide your ears, higher taxes. here's the bottom line. a new school which says the cliff jump won't be that bad has now entered the fray. i'm still hoping we don't go over the cliff. but i can't be sanguine if we do. i think it means that the stock market will get hammered even as it might bounce back if the austerity is lifted by a dreaded, hated compromise that both sides seem to despise. i have a list of ten stocks that would be the bounce-backers. you got to stay tuned for those. but it would be a bounce-back. let's go to isaac in pennsylvania. isaac? >> caller: jim, how are you today? >> i'm okay. how about you? >> caller: just fine. i have a question regarding dean foods. >> sur
now they got to deal with this morass in washington. while i'm optimistic if congress and the president cancel their vacations, remember, no vacation without legislation and stay to avert the cliff. i'm worried that they're sworn to not compromise. i'm worried that rising above is anathema to democrats and repugnant to the republicans as the phrase, grover, hide your ears, higher taxes. here's the bottom line. a new school which says the cliff jump won't be that bad has now entered the fray....
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Dec 1, 2012
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keep tax the same for 98% of americans and raise the debt celling so we can at least for a year put washington in the rear-view mirror. wow, can you believe that? there'll be some spending cuts to appease republicans, too, once they've bothered to identify the cuts they actually want! as much as some may believe that there's no incentive to rise above partisanship, the dramatic rates of income of these fiscal rates give to tens of millions of americans who happen to be voters. of the 2 million jobs that could be lost, 1 million of them will most likely comes from the defense sector. at a time when china is rising. you see those planes land on that aircraft carrier this week? the middle east is boiling. i don't know. did we really want that big defense budget cut? i mean, maybe nothing more than the decline in spending is the war in afghanistan winds down. saving about half a trillion dollars over the time. maybe more. the areas where the defense job losses take place they look mighty red to me, at least on the electoral map. yes, you'll have to say goodbye to the fabulous 15% dividend rates go
keep tax the same for 98% of americans and raise the debt celling so we can at least for a year put washington in the rear-view mirror. wow, can you believe that? there'll be some spending cuts to appease republicans, too, once they've bothered to identify the cuts they actually want! as much as some may believe that there's no incentive to rise above partisanship, the dramatic rates of income of these fiscal rates give to tens of millions of americans who happen to be voters. of the 2 million...
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Dec 8, 2012
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we did it in washington square park. all over. and then we started distributing the stoves to people in the rockaways. so they could do this at home. >> okay. great service. now, everybody on our crew who has seen this immediately wants to buy one. because they all want to put it, set it in their trunk so if you go camping you can be able to charge your phone and your ipad. are they available yet? >> they are available. they're for sale through our website, biolitestove.com. we have sold tens of thousands of them this year. and then next year we'll be in wholesale locations in the u.s. and about ten countries internationally. >> r.e.i. and eastern mountain sports, that kind of thing? >> yeah. companies like that. >> we've shipped these to now 70 countries around the world. and if you go onto our site or go on to youtube you'll see all the videos people are making about how they're using them in every language you can imagine. >> let's talk emerging markets. those people -- i talked to somebody who came back from cambodia. they sai
we did it in washington square park. all over. and then we started distributing the stoves to people in the rockaways. so they could do this at home. >> okay. great service. now, everybody on our crew who has seen this immediately wants to buy one. because they all want to put it, set it in their trunk so if you go camping you can be able to charge your phone and your ipad. are they available yet? >> they are available. they're for sale through our website, biolitestove.com. we have...
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Dec 31, 2012
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john harwood in washington. i want to bring you up to date on the latest of the talks between vice president biden and mitch mcconnell. there's some concern among democrats who have heard that the income threshold for tax rate increases may be going up to 400, 450, $500,000. a source familiar with the talks just phoned me to say the democrats are only considering that under a couple of conditions. one is that if the threshold goes up to that level, the top income tax rate would go all the way back up to the clinton era rate of 39.6%. not some mid point of 37% talked about a couple of weeks ago. secondly, that it would be accompanied by more revenue from the estate tax than is happening under current policy. remember, current policy is 35% tax on estates of $35 million or more. democrats are going to be insisting on somewhat more revenue than that, if not all the way up to the level in president obama's budget. finally, that an agreement would include a significant extension of unemployment benefits. remember, th
john harwood in washington. i want to bring you up to date on the latest of the talks between vice president biden and mitch mcconnell. there's some concern among democrats who have heard that the income threshold for tax rate increases may be going up to 400, 450, $500,000. a source familiar with the talks just phoned me to say the democrats are only considering that under a couple of conditions. one is that if the threshold goes up to that level, the top income tax rate would go all the way...
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Dec 17, 2012
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washington has set up already. so we get some sort of clarity, some sort of a plan, that's what the businesses have been asking for but it's not going to change things until late 2013, if not into two 2014. >> i think you're right, they've made their plans. in the environment changes they have all this cash they can make changes and make increment at purchases. at a plant somewhere, hire a worker or two, engage in m&a if they have more confidence in the future. so i think they can turn things around. but they need more confidence and that's a big if. >> bob's going to be with us for the rest of the hour. >> okay, you've got comments, questions about anything you see on "squawk," shoot us an e-mail, you can also follow us on twitter @squawkcnbc is our handle. when we return, the tragedy in newtown parking the gun control controversy in washington. we're going to talk about it, and then later, why hovnanian is betting on boomerang buyers. the company's ceo is here as we get ready for key housing data later this week.
washington has set up already. so we get some sort of clarity, some sort of a plan, that's what the businesses have been asking for but it's not going to change things until late 2013, if not into two 2014. >> i think you're right, they've made their plans. in the environment changes they have all this cash they can make changes and make increment at purchases. at a plant somewhere, hire a worker or two, engage in m&a if they have more confidence in the future. so i think they can...
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Dec 28, 2012
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a lot of washington circus going on. we, you know, i think it's pretty reasonable to assume that no politician, no libertarian would ever want the u.s. to default on its debt. so by march we should have a solution to that. then what we are is we're back in an environment of a slow, recovering economy. >> right. >> europe having ring fenced their problems. not solved them. but ring fenced them. and we're seeing the actions of the banks making their changes. it apyrpears to us we're at the early stage of a capital markets recovery as you start seeing the solutions work their way through. >> right. >> in to 2014 retailer investor begin to move into equities and out of fixed income. >> we can only hope. >> yeah. so let me ask you with that. do you go with those where margins are highest like a goldman? do you go where the geographic reach is broadest like a city? your favorite picks are goldman, some of the big center maxim right? >> citi certainly has an advantage in its position internationally as asia picks up citi is goi
a lot of washington circus going on. we, you know, i think it's pretty reasonable to assume that no politician, no libertarian would ever want the u.s. to default on its debt. so by march we should have a solution to that. then what we are is we're back in an environment of a slow, recovering economy. >> right. >> europe having ring fenced their problems. not solved them. but ring fenced them. and we're seeing the actions of the banks making their changes. it apyrpears to us we're...
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Dec 27, 2012
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they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. we go over the cliff, we will be left with the knowledge that could have been prevented with a single vote and the republican-controlled house of representatives. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i served in the house of representatives. there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. everyone knows, including the speaker of the house house of representatives today, that if they had brought the house -- i'm sorry, the senate-passed bill that would give relief to everyone making less than $250,000 a year, it would pass overwhelmingly. every democratic would vote for it and republicans would vote for it. but the speaker, he says no, we can't do that t ha
they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. we go over the cliff, we will be left with the knowledge that could have been prevented with a single vote and the republican-controlled house of representatives. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i...
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Dec 7, 2012
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in washington news, both parties hinting at renewed talks on the fiscal cliff. the acknowledgement of open lines of communication passed for encouraging news. a new survey finds more than 60% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for corporate america, through yesterday's close, there have been # 70 announcements of special dividends. these special difference deebds are valueded a more than $30.1 billion. among the latest names, mcgraw hill will pay a special dividends of $2.50 a share before year end. and drop its previously announced plan to buy back up to $200 million more of stock this year. >> everybody's paid their dividends this year, so they won't be paying them next year. >> this is a major issue. what's going to happen is -- we have two great economists onset. but that money will get annualized, so
in washington news, both parties hinting at renewed talks on the fiscal cliff. the acknowledgement of open lines of communication passed for encouraging news. a new survey finds more than 60% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for...
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Dec 14, 2012
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this meeting came after a day of frustration in washington as both sides criticized each other for lack of progress. >> republicans want to solve this problem by getting the spending line down. the president wants to pretend the spending isn't a problem. that's why we don't have an agreement. >> speaker boehner can't ignore the american people forever. at some point, reality should set in. the only question is how much financial stress middle class families and our entire economy will have to endure during this process. >> well, the clock is ticking. so is a resolution before the end of the year likely? let's of the pose that question to tony fratto. and a cnbc contributor. tony, good morning. are we actually going to get a deal? >> morning, kelly. boy, before the end of the year, i think that was your standard. i think it's getting to be more and more unlikely, kelly. i think when you see the kind of language and -- but actual language and body language that we saw yesterday, it looks farther away. but, look, i've long felt that this was a deal that could only happen after the new year
this meeting came after a day of frustration in washington as both sides criticized each other for lack of progress. >> republicans want to solve this problem by getting the spending line down. the president wants to pretend the spending isn't a problem. that's why we don't have an agreement. >> speaker boehner can't ignore the american people forever. at some point, reality should set in. the only question is how much financial stress middle class families and our entire economy...
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Dec 24, 2012
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hampton pearson in washington. >> the gift that keeps on giving. we're talking about market wisdom. what you need to know ahead of the opening bell. and whether you're a holiday traveler or investor, you want to hear about the state of the airline industry. let's take a look at futures one last time before the holiday shortened session. about ten points down on the dow. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana
hampton pearson in washington. >> the gift that keeps on giving. we're talking about market wisdom. what you need to know ahead of the opening bell. and whether you're a holiday traveler or investor, you want to hear about the state of the airline industry. let's take a look at futures one last time before the holiday shortened session. about ten points down on the dow. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one...
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Dec 3, 2012
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dave, you are headed to washington. let us know what's happening. >> he's going to fix it. >> we're going to have pizza. >> make sure you join us tomorrow. "squawk on the street" is next. ♪ >>> led zeppelin to wash away monday blues. congrats to the band for winning kennedy center honors last night. welcome to "squawk on the street." i'm carl quintanilla along with jim cramer, david faber live at nyse. melissa will join us in the next hour. we're kicking off the month of december with strength. anticipating good auto numbers today. greece unveiling that $10 billion eurobond buyback. a 52-week high in france and germany. our road map this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing data out of china. not bad.
dave, you are headed to washington. let us know what's happening. >> he's going to fix it. >> we're going to have pizza. >> make sure you join us tomorrow. "squawk on the street" is next. ♪ >>> led zeppelin to wash away monday blues. congrats to the band for winning kennedy center honors last night. welcome to "squawk on the street." i'm carl quintanilla along with jim cramer, david faber live at nyse. melissa will join us in the next hour. we're...
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Dec 10, 2012
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is it the people in washington state? is it the president when he first said he supported same-sex marriage? do you think there was a pivotal moment that actually really turned things? >> no. i think there's a number of things, and i just couldn't rattle them off. it's a progressive happening with lots of people working behind the scenes. in washington state we had several key legislators who built bridges over the years and worked and reached across the aisle, democrats to republicans, and made that -- helped make that happen by accrual in washington state. across the country all different kinds of things are happening in different ways, and watching public opinion change along with those happenings is -- >> yeah. >> sure. >> it took really about 20 years in this state for people to really get into the fact that the legislators worked tirelessly and it's really been -- >> is there more work to be done? i know the state recognizes the marriage, but when it comes to a federal level, you don't have federal benefits like hea
is it the people in washington state? is it the president when he first said he supported same-sex marriage? do you think there was a pivotal moment that actually really turned things? >> no. i think there's a number of things, and i just couldn't rattle them off. it's a progressive happening with lots of people working behind the scenes. in washington state we had several key legislators who built bridges over the years and worked and reached across the aisle, democrats to republicans,...
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Dec 26, 2012
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. >> it began in iowa, moved through illinois, indiana, ohio and moved into washington, d.c. it's just a fast-moving, longlasting violent thunderstorm complex. >> after charging 800 miles, 22 were dead and 5 million were without power. number five, the dallas 22. there's an old myth that tornadoes don't hit big cities. >> it was so scary. remind you of "the wizard of oz" when the tornado hit and everything going around and around. >> caused nearly $1 billion worth of damage within 24 hours. number four, deadliest tornadoes. >> take it away from us, lord. >> tornadoes took up three slots in our top ten countdown. but this was the deadliest. march 2nd and 3rd, 70 confirmed tornadoes killed 7 people in the northwest. hurricane isaac. >> isaac was a killer. >> the country held its breath as the levees. >> reporter: yet again. plaquemine's parish was tested. by september, 66% of the u.s. was in some degree of drought. the dry weather is expected to continue into 2013. and this could become the costliest natural disaster in u.s. history. and number one, superstorm sandy. >> this hi
. >> it began in iowa, moved through illinois, indiana, ohio and moved into washington, d.c. it's just a fast-moving, longlasting violent thunderstorm complex. >> after charging 800 miles, 22 were dead and 5 million were without power. number five, the dallas 22. there's an old myth that tornadoes don't hit big cities. >> it was so scary. remind you of "the wizard of oz" when the tornado hit and everything going around and around. >> caused nearly $1 billion...
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Dec 26, 2012
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with the way things work in washington, can anything be done before year's end? white house correspondent brianna keilar following this. what is the latest? >> reporter: it's honestly very unclear, drew, if something is going to happen. obviously we will see some actions to try to avert the fiscal cliff. president obama cutting his vacation in hawaii almost two weeks short to head back as the senate and the house reconvene and we are looking to the senate, where senate majority leader harry reid will be trying to put together a bill that can get some republican support in the senate but also and more importantly some republican support in the house, where obviously we saw negotiations fall apart with president obama last week, so we're waiting for this proposal to see kind of what shape it takes. the white house wants those bush era tax cuts on the first quarter million dollars of earnings to be preserved, that's what the white house has been pushing. it's unclear if that is going to be the proposal that harry reid puts out, if maybe it will go higher in order to
with the way things work in washington, can anything be done before year's end? white house correspondent brianna keilar following this. what is the latest? >> reporter: it's honestly very unclear, drew, if something is going to happen. obviously we will see some actions to try to avert the fiscal cliff. president obama cutting his vacation in hawaii almost two weeks short to head back as the senate and the house reconvene and we are looking to the senate, where senate majority leader...
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Dec 22, 2012
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when might they come back to washington? and is there still a chance of a deal even though time is running short? >> yeah, if you try to go to a door to door in washington, you'd be walking a long time before anybody answered the doors. everyone has gone home for the christmas break, but everyone has also said they expect to be back some time next week. president obama was saying he would work with lawmakers next week some time after christmas. chance the house and senate could be back in around the 27th. that gives them four days at best to beat the deadline. so it's going to be a lot of work that would have to be done in a little amount of time. randi? >> not looking good. emily schmidt. thank you so much. >>> well, days before christmas, the airports have been packed while some highways are near empty. all signs of the severe weather in the midwest that is now heading east. just listen to that wind. the system that caused this blizzard in iowa and wisconsin traveled through ohio and is now hitting pennsylvania and upstate
when might they come back to washington? and is there still a chance of a deal even though time is running short? >> yeah, if you try to go to a door to door in washington, you'd be walking a long time before anybody answered the doors. everyone has gone home for the christmas break, but everyone has also said they expect to be back some time next week. president obama was saying he would work with lawmakers next week some time after christmas. chance the house and senate could be back in...
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Dec 23, 2012
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turned in her resignation letter to secretary clinton and left washington. she resumed her princeton professorship and life in new jersey with her husband and two teenage sons. in the wake of her departure, slaughter wrote a cover story for "the atlantic magazine" why women still can't have it all. within days, the piece became the most read in t"the atlantic's" history. tonight, she takes us behind that personal decision that became a raging public debate. explain the intensity of that kind of job, because it's really much more than what many people think. thisst is a more intense job th senior jobs in the private sector. >> it's certainly comparable. it's an assistant secretary job, which means you're on pretty much all the time. you're the head of the secretary of state's private think tank. that means you cover the entire world, just as she does. and you're on for everything she needs you to do. and every sort of -- the longer-term planning and you work pretty much round the clock. >> so you're working probably six days a week? >> absolutely. now, i comm
turned in her resignation letter to secretary clinton and left washington. she resumed her princeton professorship and life in new jersey with her husband and two teenage sons. in the wake of her departure, slaughter wrote a cover story for "the atlantic magazine" why women still can't have it all. within days, the piece became the most read in t"the atlantic's" history. tonight, she takes us behind that personal decision that became a raging public debate. explain the...
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Dec 30, 2012
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it's down to the wire in washington. less than 48 hours left for congress to make a deal and avoid the fiscal cliff. leaders from both political parties have expressed hope that a deal can be reached. in the senate negotiators worked late into the night trying to put together a plan, and the whole senate will come together in a few hours from now for a rare sunday session beginning at 1:00. an hour later the house will meet. in a world far away from the capitol, everyday americans are growing frustrated with political leaders and their lack of action when so much is at stake. we asked or cnn i-reporters to send us their messages for washington and we got a ton of responses. lynn to vernon hill with a bit of advice for politicians. >> my new year's message it to washington is to grow up, act like adults, do juror jobs or resign immediately. we are tired of you being useless and refusing to do your jobs. >> here's one from missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incre
it's down to the wire in washington. less than 48 hours left for congress to make a deal and avoid the fiscal cliff. leaders from both political parties have expressed hope that a deal can be reached. in the senate negotiators worked late into the night trying to put together a plan, and the whole senate will come together in a few hours from now for a rare sunday session beginning at 1:00. an hour later the house will meet. in a world far away from the capitol, everyday americans are growing...
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Dec 23, 2012
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unfortunately, washington is getting in the way. and what we find out this week, ali, is that the problem is not just a lack of trust between democrats and republicans, we found out that the republicans themselves can't unite. which means that the cooperative solution that you need to solve this country's headwinds becomes much more difficult, which means that the private sector will become more cautious, will higher less, will invest less, which means that our economic growth will slow down. and our unemployment rate will stop going down as fast. >> we're just starting to get some traction here, we want to keep this going. mark, let me ask you, the economy is doing better than expected. there's no question. the revisions to a lot of numbers are looking better. housing is coming back. the median price of an existing home shot up 10% in november year over year. we've been seeing six months of home values going up in a row. a lot of americans build their wealth through their homes, higher home values means more confidence going forwar
unfortunately, washington is getting in the way. and what we find out this week, ali, is that the problem is not just a lack of trust between democrats and republicans, we found out that the republicans themselves can't unite. which means that the cooperative solution that you need to solve this country's headwinds becomes much more difficult, which means that the private sector will become more cautious, will higher less, will invest less, which means that our economic growth will slow down....
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Dec 27, 2012
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flying back to washington tonight. unwhat kind of deal-making possibilities he will find when he gets back. house republican leaders held a conference call but no decision when to call members back nor is it clear what kind of deal, if any, they will have to vote on. a lot of moving pieces and a lot of digging for cnn's dana bash. i understand there were no decisions out of the call. do we have any sense what fellow republicans are telling speaker boehner? how likely are we going to see a vote before going over the cliff? >> it's up in the air. i'm told it is in part why house republicans didn't make a decision whether to bring the house back or when to do it. the ball is really in the senate's court, specifically with senate democrats. that changed big time since a couple of weeks ago. at this point what senate democrats are trying to figure out is whether or not they can find enough republicans to cross party lines for what the president proposed right before he left for hawaii which is a scale back, focusing on tax
flying back to washington tonight. unwhat kind of deal-making possibilities he will find when he gets back. house republican leaders held a conference call but no decision when to call members back nor is it clear what kind of deal, if any, they will have to vote on. a lot of moving pieces and a lot of digging for cnn's dana bash. i understand there were no decisions out of the call. do we have any sense what fellow republicans are telling speaker boehner? how likely are we going to see a vote...
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Dec 30, 2012
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quite a few of you were frustrate would the lack of action in washington. this is missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incredibly out of touch you are with the way people really live in this country. you are off in la la land and everybody is saying how you are acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and actually representing the people who elected you. >> and another one that came up came from chris he sent in an opinion with which side needs to give a bit more in his negotiations. >> democrats and republicans need to come together. let's get real. president obama has already given a lot more ground than the republicans have. so, my advice to senator reid and president obama would be try to stop negotiations with republicans who, like spoiled children, have no interest in compromise. remember who won the election? >> well said. finally, alberto willy sent in this reminder that lawmakers are there to serve everybody and can be voted o
quite a few of you were frustrate would the lack of action in washington. this is missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incredibly out of touch you are with the way people really live in this country. you are off in la la land and everybody is saying how you are acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and actually representing the people who elected you. >> and...